Housing Wire

OCTOBER 21, 2024

An effort seeking summary judgment in a case brought by Texas Capital Bank (TCB) against Ginnie Mae over reverse mortgage-related collateral has been denied by presiding Judge Matthew Kacsmaryk, according to a court filing reviewed by HousingWire ’s Reverse Mortgage Daily (RMD). TCB sought summary judgment in a court filing this past summer, which would have allowed the presiding judge to decide part of the case prior to a trial.

Banks 425

Banks Equity Mortgages Loans 425

Real Estate News

OCTOBER 19, 2024

The Clear Cooperation Policy — a misguided attempt to level the playing field — doesn't meet the needs of consumers or support principles of free enterprise.

Industrial 270

Industrial 270

Housing Wire

OCTOBER 19, 2024

We have had three weeks of positive year-over-year growth in both purchase application data and weekly pending contract data, with last week showing a noticeable jump from last year. Now the dose of reality: last year at this time mortgage rates were heading toward 8% , and even though 2023 showed record low sales levels, it got worse with 8% rates.

Mortgages 521

Mortgages Sales As-is Marketing 521

Keeping Current Matters

OCTOBER 15, 2024

For some buyers, there’s a misconception that newly built homes aren’t made to last or fall short of the quality you can find in older homes.

Agents 258

Agents 258

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Brokerage

Inman

OCTOBER 18, 2024

The unique getaway completed in 2010 by late craftsman and entrepreneur Reggie Whibley is on the market for $1.75 million. The hunt is on for a buyer who doesn't care about cell or internet service.

Marketing 186

Marketing Agents 186

HomeLight

OCTOBER 21, 2024

It’s tough to get a great deal on a house when the trend is to pay over the asking price. A study from the National Association of Realtors (NAR) revealed that 25% of all buyers paid more than 100% of the asking price for their home. With this guide, we’ll help you develop a razor-sharp bargain house-hunting strategy , featuring clever ways to save and tips for spotting an opportunity in disguise.

Days on market 110

Days on market Agents Development Sales 110

Real Estate News

OCTOBER 17, 2024

The DANGER Report took a “frank and sometimes searing” look at the risks facing agents, brokers, associations, MLSs and the National Association of Realtors.

Agents 271

Agents 271

Keeping Current Matters

OCTOBER 17, 2024

Homeowners typically slow down their moving plans as the summer months wrap up, and as a result, fewer homes are listed for sale in the fall.

Sales 233

Sales Mortgages 233

Inman

OCTOBER 18, 2024

A majority of the 1,200 Flagstar employees being let go in $1.4 billion sale of the company's mortgage servicing business will be offered the opportunity to transfer to Dallas-based Mr. Cooper.

Land 182

Land Mortgages Sales Banks 182

HomeLight

OCTOBER 21, 2024

Learning that a parent or spouse has dementia can leave you reeling. Even if the symptoms are mild — Mom’s been losing her purse more often and missed some appointments — you know the day is coming when she won’t be able to manage her affairs or live on her own. As you contemplate her future and the cost of care, you wonder if a person with dementia can sell their home.

Design 105

Design Agents As-is Closing 105

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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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Housing Wire

OCTOBER 16, 2024

Mortgage applications decreased 17% from one week earlier as mortgage rates surged, according to data from the Mortgage Bankers Association ’s (MBA) weekly application survey for the week ending October 11, 2024. The Market Composite Index, a measure of mortgage loan application volume, decreased 17% on both a seasonally adjusted and an unadjusted basis from one week earlier.

Mortgages 514

Mortgages Loans As-is Marketing 514

Real Estate News

OCTOBER 19, 2024

The DANGER Report spelled out risks for agents and brokers a decade ago. Many of its projections have come to pass — but they haven’t all been negative.

Agents 225

Agents 225

Keeping Current Matters

OCTOBER 16, 2024

Did you know? Homeowners are often able to put more money down when they buy their next home.

Equity 246

Equity Mortgages 246

Inman

OCTOBER 17, 2024

Fannie Mae economists say surprising strength of the U.S. economy means home prices are likely to keep rising, and mortgage rates may not come down as quickly as previously expected.

Mortgages 186

Mortgages Marketing 186

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Loans

Brownstoner

OCTOBER 18, 2024

By Adam Daly, Brooklyn Paper Governor Kathy Hochul announced Wednesday that an estimated 71,000 new apartments will be added to New York City’s housing stock after she extended the deadline for the 421-a affordable housing tax break. The extension allows for an additional six years to complete projects already in the… Read More > The post Extension for 421-a Tax Break Could Add 71K Apartments appeared first on Brownstoner.

122

122

Real Estate News

OCTOBER 15, 2024

“People are buying” — and living in — these futuristic homes, with dozens sold at a community in Texas, and more widespread adoption expected in five years

251

251

Keeping Current Matters

OCTOBER 21, 2024

Curious about where the housing market is headed in 2025?

Mortgages 228

Mortgages Marketing 228

Inman

OCTOBER 18, 2024

In a nationwide Inman-Dig Insight poll of active homebuyers, fewer than 5 percent of shoppers now listing their current home said they didn't realize that they could decline to pay buyer-side commissions.

Brokerage 172

Brokerage Agents Marketing 172

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Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

Sales

Seattle Times Real Estate

OCTOBER 20, 2024

From an effort to “clean the earth with art” to a new live-work district, here’s how the neighborhood is changing — and what it means for Seattle’s arts scene.

112

112

Housing Wire

OCTOBER 21, 2024

Since 2019, the state of Florida has built more than 77,000 new properties in areas with a high risk of flooding. This is the most among all states, according to an analysis by climate-modeling firm First Street Foundation on behalf of the The Wall Street Journal. The construction activity is likely to place the housing industry and its financing partners on a “collision course” with insurers, the outlet said.

Construction 441

Construction Development Finance Mortgages 441

Real Estate News

OCTOBER 17, 2024

Mortgage rates moved up again, but for the market as a whole, “the worst may be behind us.” Plus, improving builder optimism could mean more future supply.

Mortgages 231

Mortgages Marketing 231

BubbleInfo

OCTOBER 21, 2024

It would be natural to expect the number of active listings to be declining by now, but sellers are still hopeful. Of the 470 actives, there are 113 of them that have been on the market for 90+ days too (24%). Those don’t have much chance of selling this year without a drastic price reduction, […] The post Inventory Watch first appeared on bubbleinfo.com.

Marketing 97

Marketing 97

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

Agents

Inman

OCTOBER 17, 2024

The deal, one of the city’s largest this year, involves 1,000 units and more than 60 buildings across Upper Manhattan in New York City. Part of the portfolio closed Wednesday, according to reports.

Closing 182

Closing 182

Calculated Risk Real Estate

OCTOBER 17, 2024

NOTE: The tables for active listings, new listings and closed sales all include a comparison to September 2019 for each local market (some 2019 data is not available). This is the third look at several early reporting local markets in September. I’m tracking over 40 local housing markets in the US. Some of the 40 markets are states, and some are metropolitan areas.

Marketing 114

Marketing Sales Closing As-is 114

Housing Wire

OCTOBER 16, 2024

Researchers at the U.S. Department of Housing and Urban Development (HUD) have published a new report identifying the locations of people seeking Federal Housing Administration (FHA) rental and homeownership assistance programs. They found that homeownership program beneficiaries generally live in more affluent, racially homogenous neighborhoods than those seeking rental assistance.

FHA loan 471

FHA loan Equity Loans Mortgages 471

Real Estate News

OCTOBER 18, 2024

A recent survey found that while both veterans and civilians are feeling more prepared to buy, veterans are more likely to purchase a home in the next year.

219

219

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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

Agents

RIS Media

OCTOBER 16, 2024

Above, Sarah Galperin In the luxury real estate arena, where trust and exclusivity are paramount, Sarah Galperin of Compass Florida is reshaping the standards of success. With a background in fashion and photography, Galperin brings a creative edge to marketing properties, turning each listing into a sought-after masterpiece. Her secret? Building deep connections and offering… The post Women in Real Estate: Unlocking Value With Niche Strategies appeared first on RISMedia.

Marketing 132

Marketing Development Industrial Agents 132

Inman

OCTOBER 18, 2024

FootFallz is a mobile-first application that fastens the listing agent to their title rep and mortgage partners and marries productivity with new business generation.

Title 182

Title Agents Mortgages Technology 182

Bigger Pockets

OCTOBER 16, 2024

FHA mortgages offer an excellent opportunity to buy a home due to their low down payment and lenient credit score criteria. However, they are designated for owner-occupants, not landlords.

Design 116

Design Mortgages 116

Housing Wire

OCTOBER 17, 2024

LenderLogix , a provider of mortgage point-of-sale and automation software for lenders, said that borrowers generated 49,392 preapproval letters through its QuickQual preapproval program in third-quarter 2024, a 15% decrease from the second quarter. The average number of preapproved borrowers per loan officer decreased slightly to 28.5 in the third quarter, down from 29 in Q2 2024, the company said in its quarterly Homebuyer Intelligence report.

Loan Officer 446

Loan Officer Loans Sales Mortgages 446

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

Agents